Podcasts about citi foundation

Welcome to the forefront of corporate citizenship, where the Civic 50, an initiative by Points of Light, stands as a beacon for businesses. For the past 11 years, Points of Light has recognized the 50 most community-minded companies through a rigorous annual survey. Only a few companies, including Citi and Hasbro, have been honored every year.For honorees, it's not just a badge of recognition but a strategic advantage, offering insights into where they stand relative to competitors and how to enhance their social impact. And for those businesses yet to participate, it serves as a blueprint for how to align their time, talent, and resources for impactful social change within both their operations and communities.We invited Kevin Colman, Senior Director of Global Philanthropy and Social Impact at Hasbro and President of the Hasbro Foundation, and Brandee McHale, Head of Community Investing and Development at Citi and President of Citi Foundation, to share practical advice and examples for how leading companies embed social responsibility and community impact into their business strategies and cultures.Listen for insights on:Connecting highly innovative social impact initiatives to business valuesSupporting grantees in the impact data collection processCompleting the Civic 50 survey — and what you have to gain from submitting itResources + Links:Kevin Colman's LinkedInBrandee McHale's LinkedInCivic 50The 2024 Civic 50 Survey (00:00) - Welcome to Purpose 360 (00:13) - Hasbro and Citi – The Civic 50 Award (03:17) - Kevin and Hasbro (04:41) - Brandee and Citi (06:01) - What Drives Your Passion? (10:01) - Importance of Civic 50 (12:26) - Influencing Behaviors (13:54) - Volunteering (16:26) - Citi Initiatives (19:44) - Bridge Built by Citi Platform (22:09) - Hasbro Initiatives (23:39) - Play as Principle (24:48) - Measurement Tools (29:08) - Considerations to Entering (32:03) - Communication (33:41) - Last Thoughts (36:06) - Wrap Up

The following is a conversation between Brandee McHale, the Head of Community Investing and Development at Citi and President of the Citi Foundation, and Denver Frederick, the Host of The Business of Giving.

Season 12 of The Caring Economy Podcast is officially here! Join me as we dive into inspiring conversations with thought leaders who are shaping a more caring and sustainable world. In this season's first episode, we have the privilege of talking with the remarkable Brandee McHale, Head of Community Investing and Development at Citi, and President of the Citi Foundation. Brandee's decades of experience in financial services and philanthropy have paved the way for innovative initiatives that bridge communities, drive inclusivity, and empower individuals for a brighter future. Tune in to learn about the unique approach of the Citi Foundation, the Citi Impact Fund, and how financial inclusion is being transformed through initiatives like Citi Start Saving and the ATM Community Network. Join us as we uncover insights into responsible corporate practices, closing racial wealth gaps, and creating equitable growth.

➡️ Co w dzisiejszym odcinku? Już w najbliższą środę 20 odcinek "My life my rules". Kto będzie bohaterką tego odcinka? Aneta Milewczyk! Anetę poznałam na naszej Grupie na FB Kariera Marzeń. Jeszcze w grudniu 2021 roku miała marzenie i pomysł na biznes, dziś pół roku później to marzenie realizuje. Kim jest zatem Aneta? Posiada wieloletnie doświadczenie w branży produkującej konstrukcje stalowe, zbiorniki przemysłowe, dźwigi okrętowe i inne konstrukcje do branży offshore oraz onshore. Specjalizuje się w zarządzaniu zakupami oraz optymalizacją nadwyżek magazynowych. Aktualnie wraz ze swoim zespołem tworzy nową platformę e-commerce WALTORIA.pl dla przemysłu ciężkiego, która wkrótce rozpocznie swoją działalność. CEL: profesjonalna optymalizacja nadwyżek magazynowych w przemyśle z korzyścią dla polskich przedsiębiorstw. • Pomysłodawczyni, założycielka oraz prezes firmy Waltoria Sp. z o.o. • Pełnomocnik właściciela ds. zarządzania w firmie produkcyjnej IN-BUL, a także Kierownik Działu Zakupów i magazynów oraz Pełnomocnik ds. Zintegrowanego Systemu Zarządzania Jakością • Absolwentka studiów MBA na GFKM w Gdańsku W czerwcu br. odbył się finał programu Shesnnovation Academy , gdzie zajęła wraz ze swoim pomysłem na startup III miejsce. Shesnnovation Academy to wielomiesięczna akceleracja dla kobiet, które wchodzą w świat startupowy z projektami technologicznymi. Program Shesnnovation Academy realizowany jest przez Fundację Edukacyjną Perspektywy Women in Tech i Citi Foundation ze wsparciem merytorycznym Fundacji Citi Handlowy im. Leopolda Kronenberga W wolnej chwili uwielbia zdobywać lokalne szlaki rowerowe, ciekawe krajobrazowo i przyrodniczo. Taki rodzaj sportu powoduje, że odpoczywa jej głowa, ma czas na zdystansowanie się od bieżących problemów. O czym będziemy rozmawiać? - O jej drodze do miejsca w którym jest dziś. - Czy było trudno - O jej planie na biznes - O kolejnych marzeniach i wielu innych ciekawych zagadnieniach. Zapraszamy Was serdecznie do udziału online i aktywnego zadawania pytań. #ecomerce #zapasy #mylifemyrules

Brandee McHale of Citi Foundation understands the vision of financial health – she's dedicated her career to creating measurable change and improving the lives of those in need. In this episode of EMERGE Everywhere, Jennifer sits down with Brandee to explore her professional path in the world of philanthropy, the importance of understanding the financial lives of Americans, and the latest findings of the Financial Health Pulse report.

Ed Skyler is the Executive Vice President and Head of Global Public Affairs at Citi where he oversees the primary functions that shape the reputation of Citi, including Communications, Government Affairs, Marketing, Sustainability/ESG, Community Investing and Development and Citi's compliance with the Community Reinvestment Act (CRA). He also has responsibility for corporate operations including the company's aviation, client and internal event management and conferencing units, and chairs the Citi Foundation. He also shares leadership of investor relations, regulatory affairs, and environmental and social risk management.Follow STAFFER on Twitter • Facebook • Instagram

Today I have a very special guest for you dialling in from Bangkok, Thailand. She leads the incubation programs for young entrepreneurs in over 24 countries at the Youth Co:Lab, an initiative co-led by the UNDP Asia-Pacific and Citi Foundation to economically empower the next generation in the region, through youth entrepreneurship and government innovation. Prior to joining the United Nations Development Programme, she founded various tech startups and social enterprises to economically empower the marginalised, and mobilised the youth to travel and learn. She studied business and soon realised the power of technology when managing companies, hence later learnt to become a front-end developer, then emerged to be a software consultant to develop analytics solutions for international corporates. She has a deep passion for future skills education and financial inclusion for women, and is always intrigued to learn about new ways to advance development through her travels. 

Kimberley Robles, president and owner of Robles Concrete Design, joins the podcast to discuss about her experiences in coming up through the trades as a journeyman. Based on those experiences, she has some great insight on how the industry might be able to attract — and keep — quality people to help decrease the labor shortage. She also shares some challenges and opportunities she's seen within the industry over the years. In the episode, Kimberley mentions a Citi Foundation ad that she was featured in last year. Check that out here. You can also connect with her on LinkedIn, or via the company's website.

Rose Grigsby, directora Académica del Centro de Liderazgo Colaborativo y de la Mujer del Instituto Centroamericano de Administración de Empresas (Incae), se refirió a su estudio "Mujeres Millennial: profesionales, trabajadoras, urbanas". La investigación arrojó que una de cada cinco profesionales de la Ciudad de Buenos Aires, no ascendió por ser mujer. La investigación "Mujeres Millennial: profesionales, trabajadoras, urbanas", abarcó a mujeres que tienen entre 24 y 40 años, con título universitario y trabajadoras en la ciudad de Buenos Aires, elaborado por el Instituto Centroamericano de Administración de Empresas (Incae) en colaboración con Citi Foundation y publicado con motivo del Día Internacional de la Mujer que se celebra cada 8 de marzo. El estudio sostienen también que nueve de cada diez mujeres millennials viven fuera de la casa de sus padres desde los 25 años y la mayoría cambia de empleo cada tres años en búsqueda de mejores oportunidades laborales.

CRA Podcast Episode: EBA Fund: Converting the promise of entrepreneurship into assets that build economic inclusion and equityThis episode interviews Brett Simmons, Fund Manager, and Joyce Klein, Chair of the Board of the EBA Fund and Director of Business Ownership Initiative, a program of the Aspen Institute. The podcast highlights the launch of Entrepreneur Backed Assets (EBA) Fund, is a new nonprofit creating a secondary market for microloans, a new tool to help capitalize CDFI lenders doing amazing work to serve entrepreneurs of color, small businesses in low-income communities, and the millions navigating through the pandemic. The EBA Fund has been made possible thanks to the Citi Foundation, the Bill & Melinda Gates Foundation, the Robert Wood Johnson Foundation, Microsoft Corporation, and Woodforest National.More information can be found at ebafund.org and at https://lnkd.in/g65muHdBrett Simmons, Fund Manager, EBA Fundbrett@ebafund.orgBrett Simmons is the Managing Director and Principal with Revolve and leads fund management for EBA Fund. He has more than a decade of program, planning, and entrepreneurial experience across industries. As Director of Programs and Policy, he was instrumental in Accion Chicago’s efforts to expand lending more than 150% during the aftermath of the financial crisis. Since that time, he has worked with several start-up engineered systems companies and in operations strategy and planning for Cummins Power Systems, a fortune 200 manufacturing firm. Brett earned a joint B.A. in Economics and History from Xavier University and has both a Master of Business Administration and Master of Philosophy of Religion from Yale University. Joyce Klein, Chair of the Board, EBA Fundjoyce.klein@aspeninstitute.orgJoyce Klein is the director of the Business Ownership Initiative, a program of the Aspen Institute, which advances business ownership as an economic opportunity strategy. Ms. Klein assumed the leadership of BOI (formerly FIELD) in 2012, after working as a senior consultant since the program’s inception in 1998. She is recognized as a leading expert on the field, speaking at national and regional industry conferences and being quoted in a variety of news media including The New York Times and National Public Radio’s Marketplace. Joyce has more than 20 years of experience studying and supporting microenterprise and entrepreneurial development programs in the United States, and has authored or co-authored numerous publications, including funder brief and strategy guides, evaluation and research reports, case studies and policy briefs. She has also designed and managed grant programs aimed at supporting innovation in the practice of microenterprise development in the United States.Under Ms. Klein’s leadership FIELD launched the Microfinance Impact Collaborative, helped to create the Small Business Borrowers’ Bill of Rights and the Responsible Business Lending Coalition, and launched new research into the role of platforms and networks in expanding the scale and impact of the US microenterprise field. BOI’s work includes examining the potential role of business ownership and the microenterprise field in addressing the challenges of financial inclusion, the racial wealth gap, and career development for youth.Ms. Klein also has worked as a consultant in the microenterprise field, providing assistance to clients including the Community Development Financial Institutions Fund of the US Department of the Treasury, and CFED (formerly the Corporation for Enterprise Development). Prior to her work with BOI, Ms. Klein led CFED’s work in microenterprise development. She holds a master’s in public policy from the University of California at Berkeley and a B.A. in economics from Boston College.CRA Today and the CRA HubLinda Ezuka, Founder, CRA Today and the CRA Hublinda@cratoday.comwww.cratoday.comhttps://www.cratoday.com/Hub The CRA Hub is a new way to connect and forge community development impact through our CRA programs. The CRA Hub is an exclusive membership for bank professionals to connect with fellow colleagues, find inspiration and master the art of the CRA. No matter where you are on your CRA journey, the CRA Hub has something for you. This membership is for you if: ~you are new to CRA due to a promotion, new job or position or were never formally trained on CRA;~you understand key CRA program elements and have navigated through your first CRA exam cycle and want to deepen your understanding of CRA best practices;~you are making progress on the integrity of your bank’s CRA data collection, maintenance and/or reporting and want to ensure enhanced data integrity;~you want to learn from experts about refreshing your CRA programs, and discover innovative programs to consider in your assessment areas;~you are navigating CRA regulatory reform or you suspect reform is on the horizon;~you want to vet an idea and discuss your approach to CRA decisions with CRA colleagues who understand the unique challenges in your programs; or~you want to forge potential partnerships for impact in a broader regional area.

Polskie Centrum Pomocy Międzynarodowej pomaga w zwalczaniu pandemii SARS-CoV-2 nie tylko za granicą, ale również w Polsce. Ma unikalny zespół ekspertów. Organizacja doposaża w razie potrzeby polskie szpitale, ale pomaga też np. Libańczykom po wielkim wybuchu, który przyczynił się do wzrostu zakażeń nowym koronawirusem – podkreśla w specjalnym podcaście "Koronawirus bez cenzury" Aleksandra Rutkowska, rzeczniczka prasowa PCPM. – Nie tylko pomagamy za granicą, cały czas pracujemy też w Polsce. W ramach Polskiego Centrum Pomocy Międzynarodowej działa Medyczny Zespół Ratunkowy PCPM – to jest medyczny zespół szybkiego reagowania. Grupa wolontariuszy, ale ekspertów różnych medycznych specjalności, która w ciągu 48 godzin jest w stanie dotrzeć w dowolne miejsce na świecie. Takich zespołów działających przy organizacjach pozarządowych jest tylko 7 – opowiada nam Aleksandra Rutkowska. Namioty, które wykorzystuje organizacja i służą jej jako szpitale polowe, po ogłoszeniu pandemii COVID-19 przekazała polskim szpitalom. PCPM posiada też magazyn przygotowany na to, że w każdej chwili specjaliści będą musieli wyruszyć na drugi koniec globu. – Podzieliliśmy się sprzętem, materiałami które mamy. Wspomagaliśmy m.in. szpital w Łańcucie, gdzie pojawiła się pierwsza w Polsce ofiara śmiertelna zakażenia koronawirusem. Niedawno razem z partnerem Citi Foundation przekazaliśmy 300 tys. zł polskim szpitalom. My byliśmy tu podmiotem eksperckim, finansującym był Citi Foundation – tłumaczy nasza rozmówczyni. Organizacja cały czas pomaga w Polsce. Ma 100 specjalistów, którzy na co dzień pracują w swoich macierzystych placówkach na terenie całego kraju. – Oni wyjeżdżają też na misje. Najpierw były to Północne Włochy, później Kirgistan i Tadżykistan – to misja trzytygodniowa na granicy z Chinami, Afganistanem, Uzbekistanem. Pomagali w miejscach, gdzie np. w szpitalach nie ma bieżącej wody. Ratownicy pracowali na wysokości ponad 3 tys. m n.p.m. To ludzie przygotowani do udzielania pomocy w ekstremalnych warunkach – podkreśla rzeczniczka. Niektórym mogło się wydawać, że nowy koronawirus nie dotarł w tak odległe i słabo dostępne miejsca globu. Jednak jak podkreśla nasza rozmówczyni, to złudzenie, dlatego, że statystyki zachorowań z tych miejsc docierały do nas dość późno. – Jesteśmy też w Libanie, gdzie w Bejrucie doszło miesiąc temu do ogromnej eksplozji, która doprowadziła do śmierci 200 osób, pozbawiła tysiące ludzi dachu nad głową i dostępu do opieki medycznej – wybuch zniszczył część szpitali. Chorzy byli transportowani do tych placówek, które nie ucierpiały. Doszło do przeludnienia. Liczba zakażeń koronawirusem zaczęła wzrastać. Dziennie w Libanie jest ok. 600 zakażeń SARS-CoV-2, a trzeba pamiętać, że Liban jest wielkości naszego województwa świętokrzyskiego. Czyli to tak jakbyśmy dziennie, w jednym województwie, mieli 600 przypadków zakażeń SARS-CoV-2. Trzeba pamiętać też, że jest to państwo pogrążone w kryzysie gospodarczym, uchodźczym – co 6. osoba w Libanie jest uchodźcą.

Hear how women can build better businesses that thrive!   I was hunting around for leading women in the financial services sector as I was writing my book about exceptional women smashing the myths of what women can and cannot do. Lisa Caputo’s name came up and having been an ex-Citibanker for many years, I was interested in what she had done there for women. Lisa's entire career has been amazing, and as a powerful role model, her story should be told. I wanted to share her story with others, both men and women, to celebrate how women can build better, together. In our podcast, she talks about her own personal growth and those who helped her on her journey. Listen in; I know you'll learn so much. This is about much more than just women and financial services It is about how Lisa has been part of the transformation of this country over the past several decades, helping craft the voices of different presidents and presidential candidates, and helping us better understand what was happening at the time. Her role in industry, whether at Disney or Citi or Travelers, has been equally impressive as she has built businesses and helped change them. An early career in politics As Lisa will share with you, after graduate school she was highly influenced by one of her professors and decided to look for a job in government, becoming the national issues press secretary during the 1988 Dukakis-Bentsen presidential campaign. Next, she became press secretary to US Senator Tim Wirth of Colorado and US Representative Bob Traxler of Michigan. At the 1992 Democratic National Convention, she ran Al Gore's media operations. After working on the 1992 Clinton-Gore campaign, she was then asked to become Hillary Clinton's press secretary, at the age of 27. She oversaw the communications and media relations operations for the First Lady and the First Family, as well as serving as chief spokesperson and deputy assistant to President Bill Clinton. In 2008, she was a senior advisor to Hillary Clinton's presidential campaign, frequently being seen on CNN, MSNBC and other TV networks, providing analysis on the 2008 and 2016 presidential races. Making her mark in the corporate world After her time in politics, Lisa served as Vice President of Corporate Communications for the CBS Corporation, then joined Disney and then CitiBank, where she was Senior Managing Director of Business Operations and Planning in Citi's Global Consumer Group. She also served as Chief of Staff to the Global Consumer Group CEO, where she worked with senior managers to develop and implement strategies to expand the business and coordinate business activities across the Global Consumer Group, as well as across other Citi businesses. At the request of the Citi CEO, Lisa also developed a strategic plan and organizational structure for the Citi Foundation to focus the company's philanthropic giving. Women & Co. When she first joined Citi, Lisa started Women & Co. which provides solutions to address the distinct financial needs of women in their various life stages. Under her leadership, Women & Co. grew from concept to startup to revenue generator, with its members now accounting for over $30 billion in assets under management at Citi.  A highly-recognized leader and role model for women In addition, Lisa is a television commentator and public speaker on current events and politics, and a contributor to O Magazine. She has been an NBC and MSNBC political analyst for numerous presidential election cycles and has served as co-host of CNN's Crossfire and CNBC and MSNBC's Equal Time. Today, she is Executive Vice President and Chief Marketing and Communications Officer for The Travelers Companies, Inc.  Lisa has been named the AWNY Advertising Woman of the Year and one of Ad Age's Advertising Women to Watch. She is a NYWICI Matrix Winner for outstanding achievements in the communications industry and has been recognized as the Direct Marketing International Woman of the Year. She was selected as a Young Global Leader of The World Economic Forum and was named one of "New York's Rising Stars: 40 under 40" by Crain's New York Business. In 2016, Lisa was inducted into PRWeek's Hall of Fame in recognition of her “outstanding contribution to the For more stories about women in business, check out this blog and 2 podcasts Blog: Crushing It: Women Entrepreneurs Show You How To Build a Better Business Podcast: How Women Entrepreneurs Can Think Bigger, Build Sustainable Businesses, and Change the World Podcast: Finding The "Holes in the Cheese" To Build A Successful Business! Additional resources Women & Co. My award-winning book: "On the Brink: A Fresh Lens to Take Your Business to New Heights" Simon Associates Management Consultants website  

For our 10th Changemakers LA episode, we explore the work we are doing to address the skills gap in low income communities through our Bridges to Career Opportunities (BCO) program. This program meets the need of supplying skilled workers for local companies who have job openings that are hard to fill due to the advanced skills needed. It also provides a pathway for local residents to seize these high earning job opportunities. We are so proud to have Citi Foundation partner with us and support this work. Our guests joining us for this episode are: Cassie Woods, Manager of Financial Empowerment Programs for Youth Policy Institute (YPI) Daria Sheehan, Senior Program Officer for Citi Foundation In this episode, you will learn: Why the BCO program is a priority for Citi Foundation How our partner, YPI, is helping folks obtain living wage jobs in the tech and construction industries The tools YPI is utilizing to help people overcome barriers as they move into these lucrative industries Interested in learning more about our BCO program? Join our e-mail list over at www.lisc.org/los-angeles.

Three cities – Philadelphia, Louisville and Nashville – have served as laboratories of behavioral science, human-centered design and public entrepreneurship for the last several years as part of the City Accelerator, an initiative of Living Cities and the Citi Foundation to improve the lives of low-income urban residents. The first in a special series of three pop-up podcasts that capture key learnings from Philadelphia, Louisville, and Nashville - the first three cities to graduate from the City Accelerator. 

CAF America’s annual executive symposium on the ins and outs of international grantmaking was presented this year in partnership with the UNDP, taking place just a few weeks ago at the UN Headquarters in New York City. In this edition, Ted Hart, CEO of CAF America, will be speaking with two of our delegates:  Anuar Juraidini, Grants Manager at Citi Foundation, and Ulrika Friesen, Analyst at Cisco about their experience at the 2016 International Grantmaking Symposium. Ranging from exploring the role of philanthropy in accomplishing the Sustainable Development Goals (SDGs) to how to abide by anti-money laundering regulations, the conversations -- involving delegates and speakers representing five countries and both the corporate and philanthropic sectors  -- addressed many of the challenges and opportunities of international philanthropy.

Kerrin Mitchell is a woman who aligns herself with managers who are mavericks. And, we feel it takes one to know one. As the co-founder of Fluxx, a company by philanthropists for philanthropists, that makes software to manage the grants process for foundations, nonprofits and government agencies, Kerrin is a woman truly making a difference. Fluxx strives to elevate grantmakers, empower grantseekers and help change the world one grant at a time. The company, which has experienced triple-digit annual growth for the past four years – has a client list that includes Citibank’s Citi Foundation, charity: water, the Leukemia & Lymphoma Society, and even the government of New Zealand, which manages all of its grants through the company’s software. In fact, 7 of the 11 largest foundations globally use Fluxx for their grants process. “I feel lucky. I think oftentimes the industries people get into don’t have that sense of community that my industry has innately … [we’re] people and service-oriented individuals,” Kerrin says. “I always liked the idea of social enterprise. Then we started getting into it and I realized, ‘Wow, this is a pretty unique and special environment.’ People are really trying to help each other and build something big.” And Kerrin, who’s been named one of the top 13 female founders by Forbes on its America’s Most Promising Companies list, is one of those women who likes to go big or go home. In episode 10 of I Want Her Job: The Podcast, we speak with Kerrin about co-founding Fluxx in 2010, her formula for building a successful career and the importance of being deliberate with time. TOPICS DISCUSSED IN TODAY'S SHOW: On Making A Change: “If I was going to work as hard as I know I work, I wanted to at least do it for something where I felt like at the end of the day I could ground myself in social good.” Chapter By Chapter: Kerrin’s thoughts on scaling Fluxx from a handful of employees to more than 70 and how that growth changed the business On Personal Fulfillment: “It’s really fun as an entrepreneur to see an idea that was truly just an idea, come to life in front of you and be so enrolled in what it is. But then, being able to actually tell that story and find that the same value that you find that’s important, other people are finding to be [just] as exciting.” Maverick Mentorship: “I’ve always aligned myself with someone who I’ve thought is a bit of a maverick who was pushing the envelope.” Bucking The Status Quo: “I’ve always aligned myself with someone who’s influential, that I could learn from and I took a role that may not have been the sexiest role of my peers … but I realized if you can align yourself with someone who’s really interesting and challenging the status quo, you can learn a lot more in a very quick matter of time.” #ThatCorporateLife: A shout-out to those of us in corporate jobs, Kerrin credits her time at Cisco in giving her the experience to understand how to provide structure and get things done at her growing startup Time (For) Travel: How travel grounds Kerrin and affects how she sees the world On Women Entrepreneurs: Why empowering future female entrepreneurs might be next up on Kerrin’s career dossier Maintainng Motivation: Why – and how – Kerrin schedules “wins” throughout her day-to-day On Growing A Company: Kerrin shares her thoughts on why the highs become higher and the lows become lower as a company grows and why you can’t let the lows that do happen “eat you alive” Hit ‘Search’: How Google can be an entrepreneur’s best friend Hey, Coach: Why Kerrin uses an executive coach to help her become a better leader Learn More: fluxx.io On Twitter: Follow @FluxxLabs

September 29, 2014 - Read the full Forbes article and watch the interview here: http://onforb.es/1CzjNJ0. Subscribe to this podcast on iTunes by clicking here: http://bit.ly/ymotwitunes or on Stitcher by clicking here: http://bit.ly/ymotwstitcher. People who do not have access to the mainstream financial system are subject to a variety of fees for services that the rest of us either get for free or at negligible prices. According to Jonathan Mintz, founding President and CEO of Cities for Financial Empowerment (often called the CFE Fund) and the former Commissioner of the Department of Consumer Affairs for New York says, “Using a traditional low-cost bank account could potentially save a full-time worker $40,000 over the course of his or her career.” Mintz, who was recently featured in the documentary film Spent: Looking for Change, has attracted $16.2 million from Bloomberg Philanthropies to provide free one-on-one financial counseling. Additionally, the CFE Fund has received grants from JP Morgan Chase and the Citi Foundation to help cities provide resources to residents to access the mainstream banking system.